Nintendo reported losses for the first time in its history
Nintendo , the company that once was at the top of the game industry and technological advancement has brought something that we thought we saw some years ago: For the first time ever closes its fiscal year with losses.
The red numbers are attributed to the Nintendo 3DS was less successful than anticipated (even if it takes the lead in PS Vita) and has been selling below their cost of production, apart from the weakening of the Euro against the Yen.
The losses climb to 37.3 billion yen (approximately $ 460 million) with sales falling to 36.2% over the previous period.
Nintendo , the company that once was at the top of the game industry and technological advancement has brought something that we thought we saw some years ago: For the first time ever closes its fiscal year with losses.
The red numbers are attributed to the Nintendo 3DS was less successful than anticipated (even if it takes the lead in PS Vita) and has been selling below their cost of production, apart from the weakening of the Euro against the Yen.
The losses climb to 37.3 billion yen (approximately $ 460 million) with sales falling to 36.2% over the previous period.
The 3DS has sold about 13.35 million units worldwide and games purchased reached the amount of 36 million copies. Meanwhile the DS and Wii sales were also down compared to years past.
But Nintendo hopes to recover thanks to the 3DS will be sold at a competitive price since September 2012, and above all, to expect a good response from buyers when the expected U Wii goes on sale to later this year.
Hopefully the rumors about the Wii's underpowered U do not affect these predictions and in its place, there are those who are interested in new technology features (such as control tablet) that Nintendo intends for its new console.
